Germany’s largest energy companies set out opposing views on how to profit from selling electricity in their 22 billion-euro ($27 billion) reshuffling of the industry. In the second major restructuring of the utility business in as many years, EON SE and RWE AG are struggling to cope with Chancellor Angela Merkel’s drive to slash fossil […]

Southern California electricity provider NRG Energy announced that it will retire three natural gas-fired power plants across Southern California over the next 10 months. The announcement comes as California residents ramp up opposition to fossil fuel fired power plants as the state continues to make progress toward its bold renewable energy generation goals. Published in […]

Five of the electricity Distribution Companies (DisCos) have failed to pay completely for over N16.2 billion electricity delivered to them by the Generation Companies (GenCos) in December 2017 as the electricity market performance crashed to 8 per cent, a report has shown. The Nigerian Bulk Electricity Trading Plc (NBET) report also showed that two other […]